Even though this is just another economist suggesting the Aussie$ could rise to $1.70 towards 2014, I believe his observations are educated.
The demise of the US$ has been evident for the last few years and with Australian resources in demand and lots of them, it becomes a favourable
environment for the Au$.
This of course has its benefits for Australians being cheaper imports etc. But it has a downside. Anyhope of Australia building a strong and
sustainable manufacturing industry goes out the window.

The up side for the US is that they technically should grow their manufacturing base and create employment and take advantage of it.

Originally posted by meathed
Aussie Aussie Aussie.
Oi Oi Oi.
I knew australia is WINNING.
Go us Aussies, i will be buying Donald Trump and Obama very soon.
Say hello to your new leader America

F&S as i own you

edit on 9-5-2011 by meathed because: (no reason given)

Why ON EARTH would you want to buy Obama?

And Trump? You might be able to buy his hair soon, but I think it'll still be awhile before you get the whole package.

Why Buy?
Because you Americans are cheap to buy at the moment.
I would buy heaps of you americans at the price we can get you for at the moment.
Go our Aussie dollar. Winning.
I will buy trump, and i bet they throw his wig in for free

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